Financial experts urge retirement fund members to familiarise themselves with pros and cons of the two-pot system if they seek to make withdrawals come 1 September 2024

Update@Noon

Any worker wishing to have access to a withdrawal benefit of 30-thousand rands should have a total value of at least R300 000 in value in their retirement fund account by the by August the 31st. This is according to financial experts who have been on a path of explaining the much talked about two-spot retirement system which will kick in on the 1st of September. Sakina Kamwendo spoke to Business Development Support Specialist from Glacier by Sanlam, Palesa Mokoena